I want to know hw bank transfer there money?
- ckm1956Lv 76 years agoFavorite Answer
In the US, primarily by FedWire.
It's a computerized electronic system, very secure, very fast. Let's say I needed $100,000 ASAP for something. I could tell my brokerage company to wire the money to my bank. The money is available immediately for withdrawal. Contrast that a check which may take 7-10 days to clear or an EFT (ACH) transfer which may be available the next day, or notSource(s): experience